[ANN][PSB] Pesobit, the currency for remittances and international cooperation

[Noojna]

Yes, in no way am I insinuating anything. Just curious with this online wallet as there is an purchase option. However of it is set as a buy support in the exchange, is that process automated? Also what if noone is selling, does that mean I won't get my coins even if I send BTC? Something doesn't add up. If it's true the supply is from the dev team then wouldn't they be dumping their own coin?

Hope Lut can shed some light on this matter thank you.

I think it's partially automated

[fudster]

The Pesobit Marketplace has been initiated and is now in Beta mode. Products will be added everyday and you can view it here http://market.pesobit.net

How it works:
- Once you paid for your order, your details will be sent out to the merchants for you to be contacted. Some products will require you to pay for shipping fee while some merchants will shoulder the fee.  
- The site uses coinpayments.net API, each order will have a unique Pesobit address for payment and you have 1 hour to pay for the item you ordered upon checkout.
- You can pay from different Pesobit wallet and the API will add the Pesobits transferred.
- Referral Bonus: Order an item, refer 3 users then you will receive a 5% discount on your next order.


Remittance processing is still ongoing.
Looking for a way to integrate SMS system into the Online Wallet allowing Filipino users to be able to send SMS in exchange of PSB.

great update there Lutzow.  I hope more and more merchant adopt PSB.

Hi,

Just like to understand who is the one selling Pesobit through the online wallet? The company? How are this coins generated?

Dev Team allocated around 15% of the total initial coin generated during the POW phase which i understand that for future development purposes.. considering there is an ICO, this is a red flag for me..    

If you read some pages back, you can see where the sales go.  It is put as buy support in the exchange.  So far dev is transparent on what they are doing.  Besides if you can recall, this project has not accumulated large BTC as WAVES that have percent allocation of total coins to themselves too, Ethereum that do have the same.  Anyway just for the record, I am not convincing you about this coin.  Just telling you where those sales go.  

i guess i know where the  sales go , dont get me wrong cause i just answered a question of some newbies who dont fully understand on how the coins being sold from online wallet are generated.. i did not said anything wrong yet dont be too defensive.. oraytt? 

Yes, in no way am I insinuating anything. Just curious with this online wallet as there is an purchase option. However of it is set as a buy support in the exchange, is that process automated? Also what if noone is selling, does that mean I won't get my coins even if I send BTC? Something doesn't add up. If it's true the supply is from the dev team then wouldn't they be dumping their own coin?

Hope Lut can shed some light on this matter thank you.

That's the signal!   Abandon ship at once.

[Noojna]

That's the signal!   Abandon ship at once.

With a name like fudster, we understand clearly what you are about. No, I won't be selling any of my PSB anytime soon.

[smyslov]

There are a lot of negative comments but I still believe this is a good coin to invest and hold for long term,they have already set up a lot of projects and development,it's a slow process just like any successful coin,so don't be a a part of the problem.

[Fredomago]

There are a lot of negative comments but I still believe this is a good coin to invest and hold for long term,they have already set up a lot of projects and development,it's a slow process just like any successful coin,so don't be a a part of the problem.

psb will proceed even we see some negative comments what is good from this project is the dev always ready to answer and show development
and like what you have said it is a good long term project and it achieve for sure. good luck

[BitcoinPanther]

there is nearly no negativ comment, this project just startet.

I agree, they are just flow of conversation and some questions and answer, there is not a single allegation of wrong doing  about the dev.

psb will proceed even we see some negative comments what is good from this project is the dev always ready to answer and show development
and like what you have said it is a good long term project and it achieve for sure. good luck

Well they already ignite it, there is no looking back.  even if this coin had set back on its price, it is still higher than the ICO price.  Besides, usage is being develop around the coin.  In the first place Lutzow had said that this coin is not a PnD coins and they want to avoid unnecessary hype to artificially increase the price of PSB.

[Lutzow]

Mayors Permit already arrived along with other regulatory papers like environmental, etc

You can now buy Prepaid credits from market.pesobit.net at a very cheap price only for Pesobit Philippine users.
More load products will be available within the next few days. We were able to get the loads at a very cheap price at the expense that it will be processed in batches every 6-8 hours.

Pesobit is also listed in Livecoin.net Voting
https://www.livecoin.net/voting/index?vote=PESObit

[Anarchy101]

Mayors Permit already arrived along with other regulatory papers like environmental, etc

You can now buy Prepaid credits from market.pesobit.net at a very cheap price only for Pesobit Philippine users.

Wow, that's really good news dev keep the good work going and a big congrats to your team.
 

[serjent05]

Mayors Permit already arrived along with other regulatory papers like environmental, etc

You can now buy Prepaid credits from market.pesobit.net at a very cheap price only for Pesobit Philippine users.
More load products will be available within the next few days. We were able to get the loads at a very cheap price at the expense that it will be processed in batches every 6-8 hours.

Pesobit is also listed in Livecoin.net Voting
https://www.livecoin.net/voting/index?vote=PESObit

great work there Lutzow, this is a great news, one of the few currency that actually takes things in legal way.  I hope to see the main office be published soon (if there is any)  This will sure catch more market aside from remittances.  Slowly but surely 

[cryptodv]

Mayors Permit already arrived along with other regulatory papers like environmental, etc

You can now buy Prepaid credits from market.pesobit.net at a very cheap price only for Pesobit Philippine users.
More load products will be available within the next few days. We were able to get the loads at a very cheap price at the expense that it will be processed in batches every 6-8 hours.

Pesobit is also listed in Livecoin.net Voting
https://www.livecoin.net/voting/index?vote=PESObit

Why Bittrex and Polo aren't taking notice of this awesome project is an enigma to me 

[Nivir]

Mayors Permit already arrived along with other regulatory papers like environmental, etc

You can now buy Prepaid credits from market.pesobit.net at a very cheap price only for Pesobit Philippine users.
More load products will be available within the next few days. We were able to get the loads at a very cheap price at the expense that it will be processed in batches every 6-8 hours.

Pesobit is also listed in Livecoin.net Voting
https://www.livecoin.net/voting/index?vote=PESObit

Why Bittrex and Polo aren't taking notice of this awesome project is an enigma to me 

Let them find out later. This will just make Cryptopia and C-Cex gain more people as Pesobit is actively traded on their platforms. 

[Noojna]

Right this moment, we point out that Pesobit is now part of the lotteries of cryptopia: https://www.cryptopia.co.nz/Lotto

Although this is only a suggestion, why not try this out! If you feel lucky, do not hesitate to join the party and have some fun ....

- The PSB team

[Lutzow]

Added product/service in the Pesobit Marketplace:
Jeunesse Ageless Botox and BDO Encashment.
The BDO Encashment service used his newly staking 500k PSBs as collateral and proof that he won't run away with your PSBs. If you have any negative experiences with these merchants especially the BDO encashment, do let me know right away at pesobit@gmail.com.

[cryptodv]

Right this moment, we point out that Pesobit is now part of the lotteries of cryptopia: https://www.cryptopia.co.nz/Lotto

Although this is only a suggestion, why not try this out! If you feel lucky, do not hesitate to join the party and have some fun ....

- The PSB team

How does this work? I've seen this in other Alt coins. 

[bitwarrior]

Added product/service in the Pesobit Marketplace:
Jeunesse Ageless Botox and BDO Encashment.
The BDO Encashment service used his newly staking 500k PSBs as collateral and proof that he won't run away with your PSBs. If you have any negative experiences with these merchants especially the BDO encashment, do let me know right away at pesobit@gmail.com.

[iHaveNoClue]

This progress this team is making is amazing. Hopefully the price will follow soon.

Any plans to get listed on major exchanges soon?

[serjent05]

Added product/service in the Pesobit Marketplace:
Jeunesse Ageless Botox and BDO Encashment.
The BDO Encashment service used his newly staking 500k PSBs as collateral and proof that he won't run away with your PSBs. If you have any negative experiences with these merchants especially the BDO encashment, do let me know right away at pesobit@gmail.com.

[i mg ]https://i.imgur.com/tFb9qOi.jpg[/img]

This PSB is surely a good investment, there is always an update and new merchants who is willing to accept PSB as mode of payment.  Little by little PSB usage is being established i can't say more but WOW!

[Nivir]

Added product/service in the Pesobit Marketplace:
Jeunesse Ageless Botox and BDO Encashment.
The BDO Encashment service used his newly staking 500k PSBs as collateral and proof that he won't run away with your PSBs. If you have any negative experiences with these merchants especially the BDO encashment, do let me know right away at pesobit@gmail.com.

I only have PSB wallets in exchanges. So what does it means by 'We do not accept BDO Cash Card Accounts"? Is there a full article on this or this is already explained on PSB hard wallet features? Oh man if this is true then I guess I can just convert my btc/altcoins into PSB then encash it at BDO? Trading fees and exchanges withdrawal fees are very cheap. This way we can get rid of coins.ph 3% buying/selling rate variance which in my opinion is too high. Although I still have to check BDO's encashment rate. Hopefully the overall transactions won't exceed coins.ph 3% variance.

[bitwarrior]

Added product/service in the Pesobit Marketplace:
Jeunesse Ageless Botox and BDO Encashment.
The BDO Encashment service used his newly staking 500k PSBs as collateral and proof that he won't run away with your PSBs. If you have any negative experiences with these merchants especially the BDO encashment, do let me know right away at pesobit@gmail.com.

I only have PSB wallets in exchanges. So what does it means by 'We do not accept BDO Cash Card Accounts"? Is there a full article on this or this is already explained on PSB hard wallet features? Oh man if this is true then I guess I can just convert my btc/altcoins into PSB then encash it at BDO? Trading fees and exchanges withdrawal fees are very cheap. This way we can get rid of coins.ph 3% buying/selling rate variance which in my opinion is too high. Although I still have to check BDO's encashment rate. Hopefully the overall transactions won't exceed coins.ph 3% variance.

What is the BDO Cash Card?

A BDO Cash Card is a re-loadable prepaid electronic debit card that can be used as an ATM card to do all kinds of BDO ATM transactions and selected EN/ ML transactions.

It can also be used as a Debit Card to purchase goods and services in all SM branches and other accredited merchant outlets displaying the BDO or BPI Express Payment System logos or bills payment medium.

Since this BDO Cash Card is reloadable, you will not run out of cash as long as your card is loaded.


Taken from here:

http://2sendmoneytophilippines.com/bdo/bdo-cash-card/

[qiwoman2]

This is really great news that there is a PESOBIT prepaid card now, that will help facilitate the use of PESOBIT all over the world I guess in a more unique and easy fashion. I am holding my PESOBIT for sure and maybe it's good to grab some more while it is so cheap.